Ortivus launched CoroNet in Italy and Spain

OrtivusFollowing the successful launch of CoroNet in Sweden, Ortivus now continues to build up its international sales of the system. Two of the most important markets in Europe are Italy and Spain where Ortivus now signs a partner agreement with the well-reputed and market leading company et medical devices - cardiette - CARDIOLINE.

The company, with main office in Milano, and its own subsidiaries in Spain has about 110 employees and a turnover of approximately 15 million Euro. Under the well-known brand "CARDIOLINE" et medical devices develops and promotes products such as ECG, HOLTER and STRESS-TEST solution and has a market share in Italy of approximately 40%. The company has an extensive network in Italy and Spain of cardiologists and other strategically relevant target groups for Ortivus products. In order to fully leverage on the brand recognition on the market CoroNet will be promoted under the co-brand "CARDIOLINE CoroNet".

"In et medical devices Ortivus have found a partner with a well established customer network of the kind Ortivus addresses with CoroNet. They have an organization, market presence and know-how, which fit excellent with our requirements. Furthermore, et medical's strategic decision to enlarge their portfolio with a dedicated cardiac monitoring system like CoroNet shows a top-level commitment and involvement which I believe will pay-off for both parties. We truly look forward to working together with et medical.", says Rain Eriksoo, VP Sales & Marketing at Ortivus.

"CoroNet is a strategic and hence very important addition to our overall product offering. We have scanned the market for a suitable monitoring solution to complete our portfolio and CoroNet, not only being a monitoring system but a highly innovative solution that brings an extra value to our offer and our customers is exactly what we have been looking for. With CoroNet in our portfolio we can offer our customers solutions that cover all parts of cardiology related care and improve the dissemination of our brand CARDIOLINE in the cardiology arena.", says Gian-Luca Ziliani, Marketing and Business Development Manager of et medical devices.

CoroNet is a patient monitoring system developed to specifically target hospitals and departments in the need of advanced cardiac monitoring and rehabilitation. CoroNet innovatively combines bedside and telemetry monitoring into a single seamless system. The solution has already gained a strong market share in Sweden: Karolinska in Stockholm, The University Hospital of Sahlgrenska in Gothenburg and The Academic Hospital in Uppsala are examples of prestigious hospitals that have selected Ortivus' system for their cardiology departments.

About Ortivus
Ortivus AB is a Healthcare IT company that offers information and decision-making support systems for Healthcare, Emergency Medical Services and Public Safety in Europe and North America. Ortivus AB is listed on the OMX Nordic Exchange Small Cap list and was established in 1985. Ortivus has approximately 165 employees and subsidiaries in Denmark, Germany, Great Britain, Canada, and the US. For further information please visit www.ortivus.com

About et medical Devices
et medical devices - cardiette - CARDIOLINE are highly specialized in the development, production, marketing and worldwide sales of cardiovascular technologies. The main solutions provided are integrated ECG recorders, Stress Test Systems, Holter ECG, ABPM, Defibrillators, Monitors, Rehabilitation, Selfhomecare, Telemedicine and Information Management Software. New dedicated research and development programs are progressively enlarging the products portfolio with especially patient oriented solutions. For further information please visit www.cardiette.biz www.cardioline.biz

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